Turbos Finance Introduces LP Locking Feature To Enhance Sui Ecosystem

According to Odaily, Turbos Finance, a leading decentralized exchange (DEX) in the Sui ecosystem, has launched a new LP locking feature. This functionality allows liquidity providers (LPs) to permanently lock their liquidity positions on the DEX platform while still earning transaction fees and incentives. The introduction of this feature aims to prevent rug pulls by project teams, reduce token sell-off pressure, and enhance transparency and trust within the Sui ecosystem community. This move is expected to further drive the development of Sui ecosystem meme coins and other sectors such as GameFi, ultimately benefiting the entire ecosystem. Previously, Turbos Finance has exclusively supported several Sui ecosystem meme coin projects, including FUD, BLUB, and PIGU. Currently, the platform's total value locked (TVL) is nearly $30 million, with a weekly trading volume exceeding $90 million and close to 500,000 active addresses.